You bring up an excellent point about using retirement funds and it being allotted to the taxable income investors.

You can taylor the cash flow/equity built characteristics by selecting the appropriate style of investment.... ie., Core, Core+ style deals for cash flow or value-add/opportunistic style deals to assume more risk but build equity.But IMO, the best way to 'passively' build long-term wealth is to invest in prime properties in areas of traditionally high appreciation or try to identify areas that are appreciating (Austin, Columbus, Wyoming, etc.)

If it in an area with excellent appreciation then it would be worth keeping the minor negative cash flow with the expectation that the rent/value will rise considerably. 

They were excellent! 

Or you can tell the tenant that it's his fridge so he can use it and take it with him.If a renter is otherwise excellent, I'll show a little grace with a stern warning.

@Eddie Torres Right now what I’m approved for would be excellent for when the market is average.

fwiw, I am quite proficient in Excel (have some experience with data analytics, pivot tables, formulas, macros, etc.) so I could likely easily manage a small database of leads by myself just with Excel…and create my own dashboards etc. but anyone using something in particular that they enjoy?

Over the past few weeks I have put together an excel spreadsheet containing data relevant to todays unpredictable market.

>Can avoid vacancies via: a) effective tenant screening, b) having reserves to dip into and c) selecting markets with low rates of vacancy - such as stable cities.

I went to Zillow for Columbus and selected multi-family limited to $200K.